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Cryptocurrencies Price Prediction: Bitcoin Gold, DYDX & AAVE — Asian Wrap 01 August

Cryptocurrencies Price Prediction: Bitcoin Gold, DYDX & AAVE — Asian Wrap 01 August
FXStreet TeamFXStreet TeamFXStreet

This is why Bitcoin Gold price is up by 50% even as Bitcoin price remains stuck below $30,000

Bitcoin price has been unable to flip $30,000 into a support floor for a couple of days now, but its namesakes and hard fork tokens seem to be doing pretty well. Recently, Bitcoin Cash was enjoying enormous gains. Over the past 24 hours, another hard fork, Bitcoin Gold price, shot up significantly.

DYDX price rallies 10% ahead of 13.95M token unlocks; Community urges 25% emission cut

DYDX, the ticker for perpetual contracts decentralized exchange dYdX, remains bullish for almost two straight months despite the overall dormancy in the market and the lack of directional bias from Bitcoin (BTC).

AAVE price is safe from a potential 40% crash as investors are likely to change their behavior

AAVE price seems to have taken a hit from skepticism in the market, which was long in the making. AAVE holders appear to be losing patience, but if this changes, the altcoin would be safe from losing a key support level.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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